MICR Code: 324024010

Bank: Punjab National Bank
IFSC Code: Punb0645300
MICR Code: 324024010
Address: C/O Pnb Kota Industrial Area Branch
City: Kota
District: Kota
State: Rajasthan

MICR is acronym of Magnetic Ink Character Recognition. Basically it is a character-recognition technology used by the banking industry to ease the processing and clearance of cheques and other documents.

Generally MICR code is nine character long. First three charaters represent city, next three charaters represents bank name and last three charaters represents bank branch.

Let's decode MICR code 324024010.

  • In this case first three codes 324 is city code and it represents city Kota.
  • Next three characters 024 represents bank Punjab National Bank.
  • Remaining characters which are 010 represents branch. In our case branch is located at address C/O Pnb Kota Industrial Area Branch.

The easiest way to find MICR code is to check your

  1. Bank account statement
  2. Cheques

Please examine below sample cheque for more details

I hope this clears doubts.